electricity prices - Latest news GMK Center

In most markets, they reached their lowest levels since the first half of 2021

Average gas prices and CO2 emissions continued to fall last month

Energy costs in the country are too high by European and international standards

By 2030, the industry will need additional electricity for hydrogen electrolysis in the amount of 48 TWh

This trend was facilitated by the fall in the cost of gas, the decrease in demand and the growth of generation from renewable sources

The exceptions were the Pyrenean market and Italy with record solar generation for November

The cost of the program in 2024 alone will be approximately €12 billion

The new maximum prices will come into effect from December 2023

In October 2023, the cost of electricity in Germany fell by more than 13%, in Italy it increased by 16% compared to September

Trade unions insist on supporting energy-intensive industries, the government and business differ in their assessments

High costs put more and more German companies in a difficult position

The reform is designed to make the price of electricity more independent of the cost of gas